FX Thoughts of the Day

[Obsidian 10]

GBP/USD: 1.5790 seems to be the key level today. If can't move above 1.5840, I will be looking for a selling opportunity.

[Obsidian 10]

EUR/USD:

Price has difficulty with the 1.3290-1.3300 level. If the pair can move above 1.3250 in the London session, we may see another attempt to test that level again. In case the bulls win the battle, the pair may climb to 1.3650 level. On the other hand, if the bears take over the control and push the pair below 1.3175, 1.3100 is not out of the question.

 

GBP/USD:

Yesterday’s candle and the nature of the move indicate a pullback towards 1.5660 is on the table. But the bears have to break 1.5765 support first. This level has been a strong resistance in the past and now this level has become support. As long as the cable stays above that level, we could possibly see the Bulls make a run for the 1.5875 and 1.5940 levels. If we fall below 1.5675 then we could see a test of the 23.6% zone of 1.5650

 

USD/CHF:

Support at 0.9100 has been tested several times with price falling right back into its range day after day. it will need to close above its weekly resistance at 0.9235 before we can consider the market bullish, at which point we can look for the next zone at 0.9311. The next weekly resistance sits just above at 0.9335. The opposite holds true for a bearish sentiment, requiring a close below support at 0.9100, in order to shift things to the bears.

 

USD/CAD:

The pair has been moving in a tight range and the 1.0000 level is the level that the bulls must overtake in order to push the pair higher. If the pair can pass this barrier, it will revisit 1.0070 and maybe 1.0140. However, any break below 0.9905 will most likely be a running of the bears to the 0.9790 level.

[Obsidian 10]

correction: If we fall below 1.5765 then we could see a test of the 23.6% zone of 1.5650

 

What is moving the market:

 

Latest BOE Policy Vote

Tighten = 0

Ease = 0

Unchanged = 9

[Obsidian 10]

EUR/USD:

Lately the pair has been bullish and the candle formations were indicating higher prices. So it was no surprise that we saw a strong price action to break 1.33 level yesterday. Today the pair is still bullish and trying to stay above 1.3360 during the Asian session but it is possible that we may visit 1.3320 before we move towards 1.3455 today. To the downside there is support at 1.3242 and 1.3205.

 

GBP/USD:

The cable bounced from 1.5650 yesterday but the bullish momentum was not enough to penetrate 1.5755/65 zone. EUR/GBP chart shows that the British pound is pretty weak compared to the euro. Price will need to break above 1.5765 in order to remain bullish and go higher. If the bulls can pass that level then I will be looking for 1.5830 and 1.5865. If the pair fails to break 1.5755/65, look for support at 1.5650 and 1.5560.

 

USD/CHF:

USD/CHF daily chart is indicating that we could see prices dropping today. The pair slipped below 0.9100 level which was a strong support for 3 weeks. I think that price will most likely push lower, to the 0.8930 level before rebounding. If 0.8930 is breached, we will probably see price fall to around 0.9765. However we see price bounce from this level, we can expect resistance at the previous support zone of 0.9100.

 

USD/CAD:

The pair has been consolidating between 1.0000 and 0.9900 level for weeks. Besides, the Canadian dollar has always been sensitive to oil markets. It is possible that the pair will revisit 0.9900 area today. If price breaks lower than 0.9900, there will most likely be resistance at 0.9790. I am neutral on this pair until we close above 1.0070 or below 0.9900.

[Obsidian 10]

EUR/USD:

Last week (Thursday and Friday) we saw EUR/USD climbing pretty fast, with a 2 day total of 217 pips. Now the question everyone will be asking is where its heading next. I think next week's range will be between 1.3300 and 1.3695. I am expecting price to possibly pull back to the previous resistance levels 1.3410 and maybe 1.3350 before climbing again. If we don't see a pullback at this level, we may find some resistance at 1.3530/40 zone. If the bulls can pass this level, 1.3635 and 1.3695 levels will be the next targets. I am bullish as long as the pair stays above 1.3300.

 

 

 

GBP/USD:

The pair made a nice move and closed the week above 1.5865/45 resistance zone. The bulls are strong and I don't think they will have hard time to break a key level at 1.5910. Once we are above that level, look for 1.6000 and 1.6077 next. If price retrace from this level, I will be looking for support at 1.5845 and 1.5765.

 

 

USD/CHF:

We saw that selling increased after the pair broke its 3 weeks trading range. 0.9110 level has been holding for weeks. Once it was broken, falling to 0.8930 was inevitable as we predicted. Now we are going to see if the bulls are strong enough to break this level or not. A daily close below that level would pull the pair deeper, to 0.8765 level. If 0.8930 level hold, we can see a bounce to 0.9070/90 area.

 

 

AUD/USD

Political storms have been affecting the Aussie lately. Even though the bulls are having hard time penetrating 1.0750 level, they well defended the 1.0600 line. If we can pass above that key resistance, 1.0843 and 1.0955 will be my next targets. If we do break and close below 1.0680, I will expect sentiment to turn bearish and a re-test of 1.06 won't be out of the question.

[Obsidian 10]

EUR/USD:

Considering the fact that the crisis in Europe is still far from ending, we see that EUR/USD has been very resilient over the last weeks. Yesterday I was expecting a pullback towards to the previous resistance levels to test them as new support levels. Not surprisingly the pair found support around 1.3360/50 zone and rising again in the Asian session. If the bulls can push the pair above 1.3450 level, we are going to test 1.3486 and maybe 1.3540. To the downside there will be support at 1.3350 and 1.3280.

 

GBP/USD:

If the pair can pass 1.5840 then I will be looking for 1.5930/45 and 1.6000 next. However a break below 1.5800 level can cause the pair slip back to 1.5740 and 1.5660 levels. I will be waiting for a breakout to jump in.

 

USD/JPY:

USD/JPY became the most interesting pair lately. It seems that the pair is finally out of its consolidation period. For now it looks like the trend has changed and the Bank of Japan may do the necessary things to flood the market with yen. I am currently bullish on this pair with a target of 83.50, as long as we don’t go below 79.50.

 

USD/CAD:

Since the US is the largest buyer of products from Canada, recent good news from the US economy keeps USD/CAD below the parity. Climbing oil price is of course another important element. I think we will see that USD/CAD hitting 0.9900 again soon. A daily close above 1.0050 would change the mid-term scenario though.

[Obsidian 10]

EUR/USD:

The EUR/USD continued its bullish move, supported by expectations for more cheap loans to be offered by the ECB. The German parliament approved the second Greek bailout package, this was another element fueling the euro. This event is priced in but it is better to wait and see the result first. Next, markets’ attention will turn to Fed Chairman Ben Bernanke's testimony at 15:00 GMT. If the pair can break and hold above 1.3486, next targets will be 1.3586 and 13630. However, If it fails and falls below 1.3400 look for support at 1.3350 1.3241.

 

GBP/USD:

After the pair produced a hammer candle last month, this month range is tighter. I think the market will remain bullish and move towards 1.5975 as long as we are above 1.5765-1.5800 zone. If the pair can penetrate 1.5975, I will be looking for 1.6050 and 1.6140. To the downside, support levels are at 1.5880 and 1.5765.

 

USD/JPY

It seems that USDJPY has established itself above the psychological and technical 80.00 line and BoJ is going to try to defend the 80 level. Daily resistance levels are located at 81.00 and 81.48. If the pair goes lower, I expect strong support 80.00 and 79.50 levels.

 

USD/CHF

The pair is sitting on 0.8930 support and buying strength is still quite weak. Therefore, the pair will remain bearish and target 0.8765 until we get a break above the resistance zone of 0.9250. If price goes higher, look for resistance at 0.9100.

[Obsidian 10]

What is moving the market:

EUR weakened after the European Central Bank allotted €529.5 billion ($711 billion) in its second tranche of three-year loans to the region’s banks.

[Obsidian 10]

EUR/USD:

European Central Bank's cash injection passed without a surprise and Fed Chairman Bernanke's testimony failed to signal new measures to stimulate the US economy. We saw a classic “buy the rumor sell the fact” action from big players. The pair retraced back to previous resistance level at 1.3310 and testing as support now. If this level holds, the pair would try to move higher and test 1.3400 resistance. 1.3480 is the next and strong resistance. If the bears continue the push downward and manage to break 1.3310, look for support at 1.3220 and 1.3135.

 

GBP/USD:

The cable seems less affected by the troubles within the EU but 1.5990-1.6000 zone is an important zone to overcome in order for pair to continue its rise. The pair is slightly bullish by the time of writing and I will be watching 1.5950 and 1.5880 levels before making any decisions. If GBP/USD goes below 1.5880, we will probably visit 1.5810. Next support level is at 1.5765.

 

USD/CHF:

USD/CHF bounced from 0.8930 and now it is pulling back to the first resistance level at 0.9100. I don’t think it will be easy for the bulls to pass this level. However, USD/CHF is slightly manipulated because of the Swiss National Bank and its 1.20 floor on EUR/CHF. If the pair can move above 0.9100, the next strong resistance is located at 0.9250. To the downside, the bears will indeed need to break 0.8930 with 0.8765 being the next key support level.

 

USD/CAD:

USD/CAD will remain bearish and selling pressure will increase if it can’t move above 0.9900 level. The next support level is located at 0.9790. I am bearish until the pair trades above 1.0053 level.

[Obsidian 10]

EUR/USD:

Yesterday’s range was roughly 40 pips and we don’t see any momentum during the Asian session today. Even though European leaders agreed to provide capital faster for the bailout fund, the market is slightly bearish at time of writing. If we continue the bearish momentum, look for daily support at 1.3280 and 1.3220 below that. To the upside, the Bulls will need to clear the first barrier at 1.3390, the next important resistance is located 1.3460. There is a strong possibility that the pair will fall to the 1.3220 level before finding some real support.

 

 

GBP/USD:

The pair had showed its strength by passing the high from February 8 which was 1.5928 but failed to break and close above 1.5980/90 zone. Because of that I think the pair will head to 1.5900-1.5880 zone first. If it slips below, the next support will be 1.5810. If the pair can break 1.5990, 1.6085 will be the next stop.

 

 

USD/CHF:

After finding support at 0.8930 the pair has been rising. I think the pair will test the resistance at 0.9110. If the bulls can push the pair above this level, then next target will be 0.9250. If they fail, USD/CHF will go back to 0.8930. 0.8765 is the next support level. Until the pair closes above 0.9250, the bears will be able to maintain control.

 

 

USD/JPY:

The pair is quite bullish and I think that we will continue climbing during the next week. This is possible for sure, but in the short term we should pass 81.60 resistance first. If the pair can pass 82.30 (a level which I expect to see a retracement back to 80 level), I think we will see 83.40 soon enough. To the downside, support will be found at 80.70 and 80.20 levels.

[Obsidian 10]

EUR/USD: We saw that EUR/USD gave back almost all of the previous week’s gains after the EU summit failed to surprise the markets with major developments. Instead of good news we got bad ones regarding Spain and Greece. It seems that 1.35 level is too resistive for now. Friday, my analysis was indicating that the pair was possibly headed to 1.3220 before we see some support. For this week, I expect the range this week to be between 1.3290 and 1.3065. If the bulls can’t pull the pair over 1.3220, I will look for 1.3135 and 1.3065. The bulls have to pass 1.3220 and 1.3310 barriers to try reaching 1.35 resistance.

 

GBP/USD: Latest reports showed that manufacturing PMI was slightly weaker than expectations but construction PMI was much better than forecasted. The pair continues to find the 1.5980 level far too resistive to conquer, and as a result it looks as if we are heading back to the 1.5765. We may also see some support around 1.5810 area though. In order for bulls to take over, they have to bring the pair above 1.5860 first and then 1.5880.

 

USD/CAD: After the pair broke 0.9900 support line, it slipped a bit and bounced back to retest this level as resistance. If the pair can close above 0.9900, it will head to 1.00 and 1.0050 levels next. To the downside, I expect to see support at 0.9790 and 0.9705.

 

USD/CHF: The USD/CHF has closed the week at 0.9135, above a key level at 0.9113. This, combined with the USD's bullish advance Friday is a good indication that this pair could be once a gain turning bullish. However, the pair has to break and stay above 0.9250 level at least. If the bears win the battle at this point and we see prices go below 0.9113, 0.9045 and 0.8990 will be the next support levels.

[Obsidian 10]

eur/usd is above trendline...be careful if you are going to short...

[Obsidian 10]

EUR/USD:

After price action being mostly bearish during the past 3 trading days, EUR/USD found support at 1.3160 yesterday. But the pair is still under the pressure as the latest PMI data showed that business activity in the eurozone contracted more than expected. In addition there are concerns that the participation rate of Greece's private creditors in the voluntary debt restructuring deal needed for Greece to receive bailout funds will be too low. Price has been almost flat during the Asian session and buying strength is still weak. If the bulls can carry the pair above 1.3230 resistance, look for 1.3276 and 1.3320. If the Bears continue the push downward, 1.3160 and 1.3078 will be today’s support levels. I am bearish on the euro below 1.3276

 

GBP/USD:

Yesterday, the pair found support around daily moving average at 1.5780 and worked its way back up towards 1.5880. If the can break and stay above this resistance, it will head to 1.5925 and then 1.5975. If the direction changes and the pair goes below 1.5835, we will encounter support at 1.5800 and 1.5765.

 

AUD/USD:

AUD/USD has been falling after China lowered its 2012 growth target to 7.5%. Also worries about the European markets affected the pair. The bulls don’t have enough power to push the pair back above 1.0750. So it is possible that we will retest 1.0600 level today. If the key level 1.0600 is broken, 1.0500 will be the next support. If the pair can stay above 1.0600 support and changes direction, there is a possibility that the bulls may try to reach 1.0750.

 

USD/JPY:

USD/JPY seems losing its strength. Price will need to break 82 and hold above to continue climbing. If the pair cant pass this level, I expect selling pressure will increase and we will see a movement towards 80.60 and 80.25 area. I will be keeping an eye on JPY crosses as well.

[Obsidian 10]

Ivey PMI historical chart:

[Obsidian 10]

EUR/USD:

The pair continued its bearish trend yesterday. The market is nervous ahead of the key March 8th deadline for Greece's PSI debt exchange. The Greek debt issue and eurozone’s weaker growth figures fueled a drop on the euro. The pair paused its decline by the 1.31 resistance zone. Today the price is slightly bullish during the Asian session and likely to make one more push at least to break 1.3160. If the bulls manage to pass this level, look for resistance at 1.3200 and then 1.3240. The market will be favoring “sell on rallies” until the pair trades above 1.3270 again. Today’s support levels are located at 1.3100, 1.3055 and 1.3000.

 

GBP/USD:

GBP/USD fell hard yesterday and found some support at 1.5700 level. We see that price has been rising slowly so far today. I would expect to see some retracement before falling further. On the way down the pair will encounter more support at 1.5700 and 1.5650 while the upside will see resistance at the daily pivot level of 1.5763 and daily resistance at 1.5810. If the pair makes a daily close above 1.5810, the scenario would turn to bullish.

 

USD/CHF:

USD/CHF reached 0.9200 level again but it may take some time break that level. Previously the pair had traded within 0.9250-0.9100 range for 3-4 weeks. Now we are back to the same levels. I am neutral on this pair until it closes above 0.9250 or below 0.9100.

 

 

USD/CAD:

1.00 level should be supportive for the bears at this point. It is possible that we will retest 0.9960 as a support before the pair turns north and try to break 1.0050 resistance. If the bulls take over and push the pair above 1.0050, 1.0130 will be the next target. To the downside, there will obviously be support at 0.9960 and 0.9900.

[Obsidian 10]

EUR/USD:

The EUR/USD has managed to stay above 1.3100 and climbed slowly but the pair couldn’t pass 1.3160 resistance. There are important events today so the market may stay calm during the Asian session. Investors will focus on the ECB policy decision and participation in the Greek debt swap. Reports about Greece's debt restructuring efforts made some progress stopped the euro from falling deeper. A positive outcome should clear the way for the next aid package and help Greece avoid a messy default. However, any suggestion the deadline might be extended would probably disappoint the markets. It is quite possible that the pair will continue its bullish tendencies on hopes but the bulls have to move above 1.3160 first. If the pair can pass and stay above this level, the pair may test 1.3240 resistance first, next though resistance will be waiting the bulls at 1.3220. If the pair fails to stay above 1.3160, we will eventually go below 1.3100 and test 1.3000.

 

 

GBP/USD:

It seems that the bearish action on the GBP/USD ended temporarily. The pair was able to stay above 1.57 support but it is still below an important resistance at 1.5765. BoE policy decision today will probably send the cable either above 1.5765 or below 1.5700. If the bulls can pass 1.5765, 1.5810 and 1.5880 will be the next resistance levels ahead of them. If the pair falls below 1.5700, we may see 1.5640 in a short time. 1.5560 is the next support below that.

 

 

AUD/USD:

Even though employment figures were worse than expected, AUD/USD managed to stay 1.0550 level so far today. This level is also the 23.6% fibonacci level based on the bullish run from 09662 to 1.0850. As a result I think that the pair will make an attempt to pass 1.0600 resistance first. If the pair can break this level, the bulls may have a chance to test 1.0690 resistance. If the pair closes today below 1.0550, then it will head to 1.0440.

 

 

USD/JPY:

After failing to break the 82 line the pair fell back and found support at 80.60. The pair may consolidate between 81.85 and 80.60 this week before we see a breakout. If the pair makes a close above 82, look for 94. On the down side, watch for support at 80.60 and 80.25.

[Obsidian 10]

EUR/USD:

The pair was pretty bullish yesterday and managed to close above daily moving average(100). The latest news about Greece was positive and The ECB signaled that it won’t cut interest rates further. The euro is being bought because Greece is overcoming a hurdle but of course we need to see the announcement and more details before making any decisions. Today, there is a good chance that markets will turn their focus to the U.S. economy. I expect today’s range will be between 1.3320 and 1.3240 ahead of the release of U.S. employment data. If the pair can stay above 1.3240 there is a strong possibility that we will test 1.3320 resistance. Above that level, I will look for 1.3390 and 1.3480. However, if the bears take over the control and bring the pair below 1.3240, we will head to 1.3160 again.

 

GBP/USD:

The cable climbed yesterday after it passed the first barrier at 1.5765. It is quite possible that the pair will continue its bullish tendencies (if it can stay above 1.5790) and try to test the next resistance at 1.5880. But if the pair falls below that line, we will head back to 1.5765/35 zone.

 

AUD/USD:

The latest report released by the Bureau of Statistics showed Australia's trade balance unexpectedly turned to a deficit. AUD/USD needs to pass 1.0690 level in order to continue rising but it may be hard. I think we will spend some more days between 1.0690 and 1.0550.

 

USD/CAD:

USD/CAD fell back to 0.9900 line after it failed to stay above the parity. If the pair can’t move above 0.9930 during London session, I think it is highly possible that the pair will test 0.9850 support today. If the bulls can push the pair above 0.9930 level again, we will test 1.00 level next week.

[Obsidian 10]

What is moving the markets:

 

U.S. Trade ($ bln) January 2012

-52.57 vs. -49.0 exp. vs. -50.42r prev.

 

Canada Trade (C$ bln) January 2012

+2.18 vs. +2.00 exp. vs. +2.69 prev.

[Obsidian 10]

EUR/USD:

The pair had closed the week at 1.3113 after stronger than expected U.S. jobs report. Now the investors are focused on what the Fed is going to do. Speculation that the Federal Reserve may announce more quantitative easing has kept some investors upbeat, but there has been nothing to suggest that the Fed will change its policy. The Federal Open Market Committee is scheduled to meet on Tuesday. The Bank of Japan is also meeting on Tuesday for the first time since it surprised market with a policy easing. For now, 1.3090 level is holding the pair from falling further. That level is also the 50 moving average which has been acting as a s/r point. Since the market is still buying the dips and selling the rallies, there is a chance we will see the pair moving towards 1.3160 (and then 1.3220). In order to gain the control over the pair, the bulls have to break and hold above 1.3265 (the monthly pivot). If the bears win and we see prices break the support zone at 1.3090, I will look for support at 1.2973 and 1.2920 next.

 

GBP/USD:

The cable is back below its 34 ema and sitting above an important support level. It is quite possible that the pair will test 1.5750/35 area before diving deeper. If the pair can climb above 1.5765, then look for resistance at 1.5810 and 1.5880 levels. If the bears can push the price below 1.5645 support, the pair will head to 1.5500 level.

 

USD/CHF:

It is possible that the pair will continue its bullish tendencies but price will need to break 0.9200 and hold above to continue rising. Resistance to the upside can be found at 0.9250 and 0.9300. If the bulls lose the battle, look for support at 0.9105 and 0.9040.

 

USD/CAD:

The pair closed the week at a key level with a slightly bullish sentiment on the daily chart after another unsuccessful day of attempting to close below the 0.99 level. If the pair can stay above 0.9900 support line, it will try to reach to 1.00 level. However, If the pair slips below 0.99, look for support at 0.9850 and 0.9790.

[MightyMouse 12]

EUR/USD:

The pair had closed the week at 1.3113 after stronger than expected U.S. jobs report. Now the investors are focused on what the Fed is going to do. Speculation that the Federal Reserve may announce more quantitative easing has kept some investors upbeat, but there has been nothing to suggest that the Fed will change its policy. The Federal Open Market Committee is scheduled to meet on Tuesday. The Bank of Japan is also meeting on Tuesday for the first time since it surprised market with a policy easing. For now, 1.3090 level is holding the pair from falling further. That level is also the 50 moving average which has been acting as a s/r point. Since the market is still buying the dips and selling the rallies, there is a chance we will see the pair moving towards 1.3160 (and then 1.3220). In order to gain the control over the pair, the bulls have to break and hold above 1.3265 (the monthly pivot). If the bears win and we see prices break the support zone at 1.3090, I will look for support at 1.2973 and 1.2920 next.

 

GBP/USD:

The cable is back below its 34 ema and sitting above an important support level. It is quite possible that the pair will test 1.5750/35 area before diving deeper. If the pair can climb above 1.5765, then look for resistance at 1.5810 and 1.5880 levels. If the bears can push the price below 1.5645 support, the pair will head to 1.5500 level.

 

USD/CHF:

It is possible that the pair will continue its bullish tendencies but price will need to break 0.9200 and hold above to continue rising. Resistance to the upside can be found at 0.9250 and 0.9300. If the bulls lose the battle, look for support at 0.9105 and 0.9040.

 

USD/CAD:

The pair closed the week at a key level with a slightly bullish sentiment on the daily chart after another unsuccessful day of attempting to close below the 0.99 level. If the pair can stay above 0.9900 support line, it will try to reach to 1.00 level. However, If the pair slips below 0.99, look for support at 0.9850 and 0.9790.

 

How exactly is 1.3090 "holding" the euro from falling further? I would guess that same area is pulling it down and not holding it from falling further.

 

If you expect more buying to occur at 1.3090, then why? and by whom?

[Obsidian 10]

1.3090/80 area has been a s/r level since December, so just technical reasons.

who is buying? I wish I knew, maybe the same people who lend Greece more money :rofl:

[Obsidian 10]

EUR/USD:

The pair rose on hopes eurozone finance ministers will complete a second Greek bailout today. If everything goes fine Greece will receive €5.9 billion within this month. Today the markets’ focus will be on the U.S. economy as investors awaits policy decisions by the Federal Reserve. I think the pair will be capped under 1.3220 resistance line until the announcement. So I expect that the pair will consolidate between 1.3160 and 1.3220/40 before the announcement. 1.3220/40 zone is a tough nut to crack but if it can push through this key resistance, the pair will test 1.3265. If EUR/USD falls below 1.3140, support will be seen at 1.3090 and 1.3040. I am bearish on this pair until it trades above 1.33

 

GBP/USD:

GBP/USD is hovering around a critical support level at 1.5645. The pair will be under the selling pressure as long as price remains below 1.5765. Today resistance levels to watch will be 1.5670, 1.5722 and 1.5765. To the downside, there is support at 1.5645, 1.5580 and 1.5510.

 

AUD/USD:

AUD/USD is losing its strength as markets continue to react to weak Chinese trade figures. Yesterday the pair fell to 1.0472, its lowest level since January 25. The market is bearish below 1.0600 and the pair will possibly test 1.0400 support unless the bulls manage to pull the pair above this key level. If the pair makes a daily close above 1.0600, I will be looking for 1.0690. If the bears continue the push downward, look for support at 1.0440, 1.0400 and 1.0305

 

USD/JPY:

The Bank of Japan's monetary policy has been in the spotlight after surprising markets by boosting asset purchases by 10 trillion yen. Today BoJ Governor Masaaki Shirakawa will hold a news conference at around 0630 GMT, after the central bank's policy statement. If BoJ conducts more monetary easing, we may see the pair testing 83.09 and 83.40 levels. To the downside, there will be support at 81.85, 81,09 and 80,60.

[Mysticforex 13]

RE: GBP/USD Am looking for the 15725 level.

[Obsidian 10]

I am also keeping an eye on eur/gbp.

[Obsidian 10]

will be waiting for a close below 0.8275 to short